Asset splitting functionality in Sage Business Cloud Enterprise Management

By | April 23, 2018

Fixed Assets is one of the solution capabilities of Sage Business Cloud Enterprise Management (formerly Sage X3). Asset splitting is one of the functionalities of Fixed Assets in Sage Business Cloud Enterprise Management. Asset splitting is the process of splitting assets i.e. one asset can be split into multiple assets.   In Sage X3, we may encounter a scenario where we need to split an asset into a number of assets. To make the process of asset splitting simpler, Greytrix brings a series of steps to achieve this functionality.

Navigate to → Fixed Assets → Financial Assets

asset splitting sage x3

  • Here we have entered quantity as 2.
  • Enter required details in Depreciation tab.
  • Click on Create and then click on Calculate.

Asset splitting functionality in Sage X3

  • Click on Create and then click on Calculate.
  • Now to split the asset, carry out the below-mentioned steps.

Asset splitting in Sage X3

  • Click on Split from the right pane.

Asset in Sage X3

  • Select Date.
  • Select Split by as Quantity.
  • Select the appropriate reason for a split
  • Enter 2 in IN field as we want to split the asset into two different assets.
  • Then select the numbering for split as per your requirement. Here we have selected as a “New number”.
  • Click on Split.

sage x3 assets splitting

  • After splitting the asset, at the bottom of the screen you will notice a new asset added in the system. Prior to splitting, we had selected the numbering as new number.
  • Enter a new reference code for the new asset as shown.
  • Click on OK and click on Save.
  • Refresh the screen you will see a new asset added to the list.

sage x3 assets

  • Now after splitting if you check individual asset you will see quantity as 1 and asset value as 10000.
  • This brings us to the end of Asset splitting in Sage Business Cloud Enterprise Management (formerly Sage X3).

About Us
Greytrix Africa is a leading Implementation, Reselling and Consulting partner for Sage Enterprise Management (Sage X3), Sage 300, Sage Enterprise Management HR (Sage X3 People) & Sage CRM based out of Nairobi, Kenya in East Africa region catering to Tanzania, Ethopia, Middle East, Australia and Asia businesses.

Greytrix Africa offers professional services such as Implementation & configuration, Business Process Analysis, Project Management, Customization, Integrations & Migrations, Technical support and Onsite resource augmentation along with enhancements within Sage Enterprise Management (Sage X3), Sage Enterprise Management HR (Sage X3 People), Sage CRM and Sage 300 (Accpac) across various industry verticals like Process Manufacturing (Food & Beverages, Chemical), Discrete manufacturing (Automotive, Textile & Apparel), Non Profit, Health-care Industry and Services Industry (Financial , Software & Engineering).

For more information on Sage Enterprise Management Consulting Services, please contact us at [email protected].We will be glad to assist you.